News: Real Estate

Real Estate Industry News, including SFR and Commercial Development

ShortSave Inc. Upgrades its Mortgage Servicer Dashboard Tools, Borrower Document Fulfillment and eSignatures

MONUMENT, Colo. /eNewsChannels/ -- NEWS: Colorado's ShortSave, Inc., the provider of an award-winning borrower-facing mortgage default servicing system, announced it has made several upgrades to its platform to improve analytics and compliance tracking for servicers, as well as enhancements to the borrower experience.

Former Fannie Mae Underwriting Consultant David Tracy joins Mid America Mortgage as National Underwriting Manager

ADDISON, Texas /eNewsChannels/ -- NEWS: Mid America Mortgage, Inc. owner and CEO Jeff Bode has announced the lender has hired former Fannie Mae underwriting consultant David Tracy as National Underwriting Manager. A 20+-year residential and commercial mortgage veteran, Tracy will be responsible for revitalizing Mid America's underwriting operations nationwide.

Veros Real Estate Solutions’ PATHWAY Delivers First Direct Connection to FHA EAD Portal

SANTA ANA, Calif. /eNewsChannels/ -- NEWS: Veros Real Estate Solutions, an industry leader in enterprise risk management, collateral valuation services and predictive analytics, announced today that lenders and technology vendors interested in the option of implementing a direct connection to FHA's recently announced Electronic Appraisal Delivery portal for electronic appraisal submission can connect through Veros' proprietary product, PATHWAY.

International Document Services (IDS) and Pavaso Partner to Create Digital Mortgage Closing Solutions

SALT LAKE CITY, Utah /eNewsChannels/ -- NEWS: Mortgage document preparation vendor International Document Services, Inc. (IDS) and Pavaso, a provider of innovative real estate technology, announced the two firms have entered into a partnership. Through this alliance, the two firms will develop an integration between Pavaso's Digital Close(TM) electronic closing platform and IDS's flagship doc prep system idsDoc.

Fannie Mae and The Mortgage Collaborative Partner to Support Mortgage Originators

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: Today The Mortgage Collaborative (TMC), an independent lending cooperative serving small and mid-sized mortgage lenders and community-based lending institutions, and Fannie Mae agreed upon enhancements to the benefits offered to TMC members that were announced earlier in the year through a strategic partnership agreement.

Residential Renovations metal roof line-up expands to include DECRA Shingle XD

TOLEDO, Ohio /eNewsChannels/ -- NEWS: Residential Renovations, a leading exterior remodeler and certified metal roofer in Northwest Ohio and Southeast Michigan, is pleased to announce DECRA's Shake XD, a stone coated steel roofing panel, will be the next metal roof showcased in their energy efficient roof line-up.

Russell Cattle Ranch, aka ‘Ponderosa’ of Florida, over 400 acres, to be auctioned

MIAMI, Fla. /eNewsChannels/ -- NEWS: Auction Company of America announced today that the famous Russell Cattle Ranch, a 420+ acres working cattle ranch in Bonifay in north Florida just minutes from I-10, will be auctioned May 2, 2015 in a special 'retirement auction.'

Arbitration Hearings Scheduled: Wolinskys vs. American International Industries, Inc. (OTC:AMIN)

HOUSTON, Texas /eNewsChannels/ -- NEWS: Arbitration hearings have been scheduled for May 8, 2015 and May 13-15, 2015 regarding breach of contract, defamation and fraud claims for at least $131,081.21 filed against American International Industries, Inc. ('American'; OTC:AMIN / OTCMKTS:AMIN), and its CEO, Daniel Dror, by Scott Wolinsky, a former director of American, and Maria T. Wolinsky, his wife.

VeroFORECAST uncovers ‘Tale of Two Coasts’ with top and bottom U.S. real estate markets clustered in Northern Calif. and Northeast Coast

SANTA ANA, Calif. /eNewsChannels/ -- NEWS: Veros Real Estate Solutions, an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, reports that the residential market is gaining momentum with a greater percentage of markets expected to increase in value over the next 12 months, moving upwards to 86% from last quarter's 82 percent.

Custom home builder, John Cannon Homes, earns 2015 ‘Best Builder’ Reader’s Choice Award

SARASOTA, Fla. /eNewsChannels/ -- NEWS: When John Cannon first started building luxury homes in the Sarasota-Bradenton area, gasoline was 89 cents a gallon, disposable contact lenses had just come onto the market and the 'Simpsons' made their television debut. A lot has changed since 1987. But one constant is John Cannon Homes as a finalist in the Sarasota Herald-Tribune's Reader's Choice poll for 'Best Builder.

Freddie Mac’s Home Possible® Mortgage Program launched by United Wholesale Mortgage

TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage, one of the nation's largest and fastest growing wholesale lenders, today announced the availability of Freddie Mac's new Home Possible(R) Mortgage program, which enables first-time home buyers and low- to moderate-income borrowers to achieve home ownership with only a three percent down payment.

Former Director to Consolidate Civil Lawsuits Filed Against American International Industries, Inc. (AMIN)

HOUSTON, Texas /eNewsChannels/ -- NEWS: Scott Wolinsky, a former director of American International Industries, Inc. ('American'; Ticker 'AMIN' / OTCMKTS:AMIN), and Maria T. Wolinsky, his wife, have agreed to the consolidation of their defamation and fraud claims that were pending in two separate civil lawsuits against American and its CEO, Daniel Dror, in the Harris County District Courts into the ongoing Houston arbitration proceeding announced by American on December 17, 2014.

Katz Marketing Solutions selected by Ohio’s Oakwood Management Company for Brand Marketing Strategy

COLUMBUS, Ohio /eNewsChannels/ -- NEWS: Oakwood Management Company, one of Ohio's leading apartment community and commercial property management companies, announced the selection of Katz Marketing Solutions to provide brand marketing and strategic planning services.

John Cannon Homes Inc. Wins 24 Awards in 2015 Parade of Homes

SARASOTA, Fla. /eNewsChannels/ -- NEWS: Winning 24 awards at the annual Parade of Homes Awards Presentation, John Cannon Homes in Sarasota, Fla., was the most recognized custom home builder in this year's competition of 93 single family home entries. 'Our award-winning models showcase our attention to architectural details and feature different levels of finish,' said John Cannon, President.

TALCB Finds Appraisals Prepared for American International Industries, Inc. Violate 17 USPAP Provisions

AUSTIN and KEMAH, Texas /eNewsChannels/ -- NEWS: The Texas Appraiser Licensing and Certification Board (TALCB) held its February meeting on Feb. 20, 2015. At the meeting, the TALCB entered an 'Agreed Final Order' in the matter of an investigation of Complaint Nos. 13-321 and 13-325 filed by Scott Wolinsky, a former director of American International Industries, Inc. (OTCBB:AMIN / OTCMKTS:AMIN).

Strategic capital and analytics solution provider MorVest Capital says recent changes on FHA loans will impact mortgage servicing

DALLAS, Texas /eNewsChannels/ -- NEWS: MorVest Capital, a specialized investment firm focused on providing strategic capital and analytics solutions to the mortgage banking and residential finance industry, is drawing mortgage servicers' attention to the impact two recent changes will have on mortgage servicing rights fair value for FHA loans.

Veros Real Estate Solutions Delivers First Direct Connection to FHA Electronic Appraisal Delivery Portal

SANTA ANA, Calif. /eNewsChannels/ -- NEWS: Veros Real Estate Solutions, an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, today announced that lenders interested in utilizing FHA's recently announced Electronic Appraisal Delivery (EAD) portal can achieve a direct connection for electronic appraisal submission through Veros' PATHWAY.

ABS Vegas Conference 2015: Veros Real Estate Solutions CEO Darius Bozorgi a Panelist

SANTA ANA, Calif. /eNewsChannels/ -- NEWS: Veros Real Estate Solutions, an award-winning industry leader in enterprise risk management, collateral valuation services and predictive analytics, announces that CEO Darius Bozorgi will be a panelist at the 2015 ABS Vegas conference, the largest capital markets conference in the world.

Third Annual Wealth and Passive Income Expo Comes to Houston

HOUSTON, Texas /eNewsChannels/ -- NEWS: Investors from all over Texas and the nation will be gathering at the George R. Brown Convention Center in downtown Houston to learn from the nation's leading experts. On Jan. 31, 2015, Lifestyles Unlimited, Inc., a Houston-based real estate education company, is hosting the Wealth and Passive Income Expo that is expected to have over 2,500 people from all over the world in attendance.

Atlanta’s McWhirter Realty Partners Moves to Atlanta Galleria Office Park as Part of Growth

ATLANTA, Ga. /eNewsChannels/ -- NEWS: McWhirter Realty Partners, a comprehensive real estate services firm offering brokerage, property management and development service, today announced its relocation to the Atlanta Galleria Office Park in Cobb County, Georgia. The company also announces a significant increase in business during 2014, attributing the growth to financial institutions writing down REO assets, a rebound in residential real estate and land development, and increased management business.

Florida’s Margate Community Redevelopment Agency releases RFQ to develop the 36 acre City Center Site

MARGATE, Fla. /eNewsChannels/ -- NEWS: The Margate Community Redevelopment Agency (MCRA) is seeking qualified developers to develop all or a portion of a 36 acre future City Center site. Since 2003, the MCRA has engaged in assembling the properties surrounding the intersection of State Road 7 and Margate Boulevard with the goal of creating a vibrant mixed use City Center which would be a destination for both City and Northwest Broward residents.

United Wholesale Mortgage Announces Conventional Financing up to 97-percent loan to value

TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale lenders, announced that it launched a product which offers conventional financing on up to 97 percent loan to value (LTV).

Changes to HUD Section 184 went into place this year, making it even more attractive to Native American Indian homeowners

DENVER, Colo. /eNewsChannels/ -- NEWS: Native Americans with a tribal enrollment card have been eligible for a specialized Home Loan Guarantee Program (HUD Section 184) since 1992 to assist in the purchase of a new home, says Morgan Pennington, a Section 184 Licensed Mortgage Consultant at Universal Lending Corporation. Beginning this year, there are some new changes went into place that will make it even more attractive to Native American Indian homeowners.

United Wholesale Mortgage announces Enhancements to Marketing Center and Mobile App for brokers

TROY, Mich. /eNewsChannels/ -- NEWS: United Wholesale Mortgage (UWM), one of the nation's largest and fastest growing wholesale mortgage lenders, today announced that it has created a new Marketing Center and also completely 'reskinned' its mobile app, UMobile.

HUD-insured Home Equity Conversion Mortgage Have Less Risk for Lenders says ReverseVision Board Member, Jeffrey Taylor

SAN DIEGO, Calif. /eNewsChannels/ -- NEWS: According to reverse mortgage expert Jeffrey Taylor, a ReverseVision board member and president of Wendover Consulting, mortgage lenders offering the HUD-insured Home Equity Conversion Mortgage (HECM) will find that originating reverse loans carries fewer risks than traditional mortgages.